But prices finished off the session’s lows, finding support from declines in domestic oil output and gasoline stockpiles. Traders also weighed expectations for a production freeze at Sunday’s meeting among key global oil producers in Doha, Qatar.
On the New York Mercantile Exchange, May West Texas Intermediate crude CLK6, -1.08% settled at $41.76 a barrel, down 41 cents, or 1%. It was trading lower at around $41.65 right before the supply data. June Brent crude LCOM6, -1.13% on London’s ICE Futures exchange fell 51 cents, or 1.1%, to $44.18 a barrel.
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